We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · RG21 5TE
Sold STCReduced £10.1k (−4.8%) on 26 OctListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN - 155 YEAR LEASE - GARDEN & ALLOCATED PARKING feature in this character & spacious, ground floor maisonette in the heart of the town centre, with easy access to the mainline train station and Festival Place.
The accommodation includes living room with exposed floorboards and an open fireplace, fitted kitchen, bathroom and 16' bedroom.
Rarely available, an early viewing is recommended to appreciate this individual property. Entrance Hall: - Double glazed front door, two storage cupboards, radiator.
Living Room: - 3.66m + bay x 3.25m (12' + bay x 10'8") - Double glazed bay window, feature open fireplace with tiled hearth and mantle over, radiator, wall light points, gas point for gas fire, Virgin media point, telephone point, t.v aerial point, fitted book shelf, stripped floor boards.
Kitchen: - 2.34m x 2.06m (7'8" x 6'9") - Double glazed window, eye and base level units, work surfaces, inset 1.5 bowl sink unit, space for electric cooker, gas point, wall mounted combi boiler, exposed floor boards, appliance space.
Bedroom: - 4.88m x 2.74m (16' x 9') - Twin double glazed windows, two radiators, built-in double wardrobe, Virgin media point.
Bathroom: - 2.34m x 2.06m (7'8" x 6'9") - Double glazed window, suite comprising panel enclosed bath with mixer tap and shower over, glass shower screen, low level w.c., pedestal wash hand basin, shaver point, radiator, inset spotlights.
Garden: - Westerly facing garden, laid to lawn with mature borders, enclosed to the road by mature conifers and wooden gate, access to allocated parking space.
ALLOCATED PARKING SPACE - outside the bedroom. The Vendor has further advised us there are 4 spaces in the car park shared by the Ground and First Floor maisonettes.
Agents Note: - The upstairs maisonette has a right of way across the garden to access the parking.
Council Tax: - Band B Lease Details: - We have been advised there are approximately 155 years remaining on the lease which expires 24/03/2180.
Current Ground rent - £100.00 per annum, 2058-2090 £150 per annum then 2091-2180 Peppercorn. Prospective purchasers should clarify these details with their solicitor.
Money Laundering Regulations: - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Referrals: - Chequers will recommend the services of other businesses and may receive a referral fee in some instances where a buyer or seller uses the services of that company.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Sherborne Road, Basingstoke
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